significant euro area banks, which hold about 82% of total banking assets. We find that this important supervisory change has … positive effects on the return on assets and the return on risk-weighted assets of SSM banks without increasing the risk … increased confidence in the soundness of SSM banks. Our results therefore suggest that the SSM has strengthened the resilience …

indicator. Evidence is provided that similar loans provided by banks with higher market power (Lerner indicator) are …

players, but shocks impacting fringe banks have little impact. The global financial crisis and the appearance of South … Banks may play a catalytic role, but their small size limits their ability to mitigate shock propagation. The ongoing Covid …